The list of store closures may be growing, but Dollar Tree is reopening more than a hundred 99 Cents Only locations

99 Cents Only store products are about to appear on the shelves of Dollar Tree. On Wednesday, Dollar Tree confirmed it acquired the rights to 170 of the 371 recently shuttered 99 Cents Only stores that closed back in April. At the time, the company said that inflation, coupled with shifting consumer demand, had led to the closures.



The deal to acquire the leases was completed in May, but the reopening of stores, which will sell both 99 Cents Only products and Dollar Tree products, will begin in the fall. The newly acquired stores will open soon in Arizona, California, Nevada, and Texas, with most in Southern California.



Fast Company reached out to Dollar Tree for a list of the newly acquired store locations, but did not hear back by time of publication.



“As we continue to execute on our accelerated growth strategy for the Dollar Tree brand, this was an attractive opportunity to secure leases in priority markets where we see strong profitable growth potential,” said Michael Creedon Jr., Dollar Tree’s chief operating officer. “The portfolio complements our existing footprint and will provide us access to high-quality real estate assets in premium retail centers, enabling us to rapidly grow the Dollar Tree brand across the western United States, reaching even more customers and communities.”



The brand names sound similar, but 99 Cents Only stores sold groceries and essential items, while Dollar Tree stores typically sell a wider variety of products. Another notable difference is how much larger 99 Cents Only stores are than Dollar Trees—at around 20,000 square feet, they’re about twice the size.



Recently, more customers have been turning to discount retailers like Walmart and dollar stores for groceries and essential items. As more customers are buying milk and snacks at Walmart, the retailer recently dropped a new premium grocery label. Meanwhile, Target decided to get competitive, dropping prices on thousands of grocery items. With that in mind, the acquisition of more low-priced grocery items seems like a savvy move for Dollar Tree.



The move is also a gain for the brand as it’s far less expensive than building new stores, and will easily help the brand expand on the West Coast. Still, it’s a bit surprising given that the company announced earlier this year that it would close almost 1,000 locations, including Family Dollar stores, which it also owns. The move follows store closures by other high-profile retailers such as Macy’s and Rite Aid.